The recent listing activities of the Korean exchanges have been frequent, especially with #Upbit and #Bithumb . This reflects several trends: exchanges relying on new coins to drive trading volume during a bear market, and the high acceptance of new projects by Korean retail investors.
However, the explosive effects brought by listings are weakening. The era of 'listing equals explosive growth' has ended; now it is more about short-term speculation followed by long-term declines. Many projects view the Korean exchanges as the last exit for liquidity, which also reflects the global tightening of liquidity and the increasingly rational trends among investors.
